41–50 of 69 posts
What this shows quite clearly is that petrostates have too much money and power. Its astonishing how many crucial sectors of the American economy have significant Gulf investment; and may soon be completely controlled by them. The only rational way I see out of this is to move to Renewable energy and eliminate the worlds dependence on fossil fuels.
So will this make EA less evil or more? They have shepherded so many great IPs, but also have been on the forefront of sleaze practices. There has to be plenty of money just squeezing those IPs or using the talent in making new things, but I have the feeling that we are going to see more of the same thing with super micro transactions.
I mean what's the worst case scenario here, EA starts making even worse games? Maybe going private will give them the freedom to get more creative.
Some EA IP I remember Battlefield Mass effect Dragon age Madden The sims Titanfall
So will this make EA less evil or more? They have shepherded so many great IPs, but also have been on the forefront of sleaze practices. There has to be plenty of money just squeezing those IPs or using the talent in making new things, but I have the feeling that we are going to see more of the same thing with super micro transactions.
I don’t think I have ever seen private equity actually improve a company. Have there been any examples?
Earlier quoted context omitted.
They generally pay a premium to the stock price before the transaction is announced, which means shareholders get more than the market value of their investment, which they can immediately roll into other investments. Usually people don't mind getting paid extra.
Yes but they also lose any potential gains in value after the transaction. Not being able to participate in a private company’s growth is something I find pretty annoying. For myself but also for society.
the premium paid over the market price takes that into account.
So will this make EA less evil or more? They have shepherded so many great IPs, but also have been on the forefront of sleaze practices. There has to be plenty of money just squeezing those IPs or using the talent in making new things, but I have the feeling that we are going to see more of the same thing with super micro transactions.
I don’t think I have ever seen private equity actually improve a company. Have there been any examples?
Earlier quoted context omitted.
Immediate 20-30% jump in stock price if shareholders approve and can reinvest anywhere else. With a huge one day gain. In some cases, preferred shareholders get even sweeter deals. If you’re an executive or board member with a tons of shares you make millions and can retire immediately (or at least after the transition you agree to is complete.)
"Immediate 20-30% jump in stock price" is not wrong, but it is clearer to say that for the acquisition to succeed, usually the acquirer must pay a 20-30% premium.
What this shows quite clearly is that petrostates have too much money and power. Its astonishing how many crucial sectors of the American economy have significant Gulf investment; and may soon be completely controlled by them. The only rational way I see out of this is to move to Renewable energy and eliminate the worlds dependence on fossil fuels.
Additionally, there's an incentive to invest this windfall profit into unrelated industries to diversify in preparation for the end of your primary revenue stream.